Estera, a leading, global fiduciary provider, has been shortlisted in three categories in the renowned Citywealth Magic Circle 2020 awards.
Estera Group Chief Executive Officer, Farah Ballands, is shortlisted in the ‘Woman of the Year’ category and Group Director of the trusts service line at the firm, Richard Prosser, is shortlisted in the ‘Lifetime Achievement Award’. Estera is also shortlisted as ‘Software Innovators of the Year’ for their client reporting.
These shortlistings recognise significant growth at Estera and the important roles played by key individuals as well as recognising the company’s significant investments in systems and technology.
Under Farah’s leadership, Estera has grown to become a well-diversified corporate, funds and trust business with an impressive global reach. Farah was instrumental in Inflexion Private Equity’s acquisition of Estera via its existing portfolio business, Ocorian. The transaction was announced in July 2019 and is subject to regulatory approval.
Richard Prosser is the Global Head of the Private Client and Trust service line at Estera with overall responsibility for Estera’s global trust services offering and has been involved in the financial services industry for over 30 years.
Farah Ballands commented: “I am delighted to see that Richard Prosser has been shortlisted in the ‘Lifetime Achievement’ category. He is widely-known to be a trustee with an enormous amount of experience, he is universally highly-regarded and we are lucky to have him as an instrumental part of the Estera team.
“I am also very happy to have been shortlisted in the ‘Woman of the Year’ category. There is a growing pool of female leadership in our industry and not only am I proud to be part of that shift, I am proud that Estera is at the leading edge of change, with 65% of our workforce being female and with the number of female directors standing at 45%, figures well in excess of industry norms.”
Over the last few years, Farah has been recognised by a number of leading publications and industry bodies including the Citywealth Leaders List, the Citywealth Power Women Awards and eprivateclient’s Top 50 Most Influential List.
The Citywealth Magic Circle awards will be announced on Wednesday 13th May, 2020 in London.